Who Governs Global Oil Prices?
... standpoints highlighted at this year’s IMEMO RAN event; the “Oil & Gas Dialogue” ... ... products. Again, the seven sisters preferred long-term contracts and also used modern concessional ... ... these majors started to negotiate with the OPEC alliance or 'cartel',... ... a transitional period of 1985 to 1986, as Saudi Arabia pushed for the net-back mechanism ... ... liquidity is invested back into the large developed economies that also tend to be the ... ... manipulators, its frankly shocking. Cambridge Energy Research Associates (CERA) highlight ...